CBA sells $US3bn of bonds

DataRoom: Issue comprises $US2bn of 3-year floating rate notes, $US1 billion of 5-year fixed rate notes.

Commonwealth Bank of Australia (CBA), the nation’s biggest bank by market value, sold $US3 billion of senior unsecured notes in the US market for the first time in a year.

This morning, Australian time, CBA sold $US2 billion of three-year floating rate notes at the three month US dollar London Interbank Offered Rate plus 50 basis points. That swaps to the equivalent of the Bank Bill Swap Rate plus 75 basis points.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles